Are there any Bally Fitness clubs still open?
Are there any Bally Fitness clubs still open?
The number of clubs still in the Bally chain continued to dwindle. For example, the Bally Total Fitness location in Danville, California closed on June 22, 2012 and reopened as Danville Fit. The former Bally club in Colorado Springs, CO changed ownership in June 2014, and became Voretex Fitness.
When did the SEC file charges against Bally Total Fitness?
On February 28, 2008, the SEC filed financial fraud charges against Bally Total Fitness. The SEC alleged that in 2001, Bally overstated its originally reported stockholder’s equity by roughly $1.8 billion (over 340%)]
When was Bally Total Fitness sold to Red Fitness?
On November 18, 2011, Bally Total Fitness announced the sale of 171 of its clubs located in sixteen states and the District of Columbia to an affiliate of LA Fitness for $153 million. In February 2012, it sold the Toledo Airport Road club to Red Fitness 24/7.
When did Bally Total Fitness in Colorado Springs close?
For example, the Bally Total Fitness location in Danville, California closed on June 22, 2012 and reopened as Danville Fit. The former Bally club in Colorado Springs, CO changed ownership in June 2014, and became Voretex Fitness.
How many health clubs does Bally Total Fitness have?
By that year, the company was the world’s largest owner and operator of health clubs. It operated a total of 325 health clubs in the United States and Canada. The rebranding was done to take advantage of the Bally name as well as rename the existing Tanny and LaLanne locations. In 1996, Bally Total Fitness was spun from its casino-owning parent.
On February 28, 2008, the SEC filed financial fraud charges against Bally Total Fitness. The SEC alleged that in 2001, Bally overstated its originally reported stockholder’s equity by roughly $1.8 billion (over 340%)]
When did Bally Entertainment purchase health and tennis?
In 1983, slot-machine and arcade game manufacturer Bally Entertainment purchased Health and Tennis Corporation of America, entering the leisure industry and creating the Bally Health and Tennis Corporation division of the company. It also purchased Lifecycle (Life Fitness), an exercise bike manufacturer,…
When did Bally Total Fitness change to Orchard Supply?
The gym building was renovated the following year into an Orchard Supply Hardware. In 1983, slot-machine and arcade game manufacturer Bally Entertainment purchased Health and Tennis Corporation of America, entering the leisure industry and creating the Bally Health and Tennis Corporation division of the company.